Utility Global Secures $100M Series D to Scale Decarbonization Platform

Utility Global's successful $100 million Series D financing, led by Ara Partners and APG Asset Management, signifies a crucial step in scaling its H2Gen® technology for clean hydrogen production and concentrated CO₂ capture. The funding will facilitate the expansion of manufacturing capabilities, project delivery teams, and commercial deployments across key global markets, including the Americas, Europe, and Asia. The capital raise will also support strategic partnerships and project announcements with notable entities like Kyocera, Symbio North America Corporation, Seongnam Municipal Government of Korea, Maas Energy Works and ArcelorMittal, further validating Utility Global's technology and market position. This investment underscores the growing investor confidence in decarbonization technologies and the increasing demand for clean hydrogen solutions. Utility Global's ability to attract significant capital from established investors like Ara Partners, which focuses on industrial decarbonization, and APG Asset Management, highlights the potential of its H2Gen® technology to contribute to global decarbonization efforts. The deal also reflects the strategic importance of partnerships in deploying innovative technologies and accessing diverse markets, as evidenced by Utility Global's collaborations with key players across various industries and geographies.